The foreign exchange market
Desperation can lead a person into some questionable company. This happened to me during my time in Florida. My wife and I had both been laid off from our jobs. Finding work was a real challenge given our situation. She was oversimplified in her field, property management. I needed more unskilled labor, which came much cheaper for employers by utilizing undocumented immigrants.
Insurance
An online job search kept popping up with promises of wealth selling insurance. Feeling I needed a fresh start in a new career path, I finally overcame doubt and gave it a go. After getting my license and a few failed attempts with start-up companies, I finally latched on to an established and reputable company.
One of my trainers was a nice guy with big dreams. As we drove to appointment after appointment, presenting a number of financial products, he would talk to me about a number of different ways he was making money to get by.
The pyramids
Since the insurance industry is, in essence, a legalized pyramid scheme, I listened.
He spoke about programs called ‘gifting’ in which a small fee is invested and I would double, triple, or quadruple my money by getting others to do the same.
I smiled and kept listening as he explained another program he was involved in that required another slightly larger investment and was legal because the coordinator would sell a hairbrush according to the books. I believe he had good intentions for me, but luckily my wife was there to put the kibosh on any ideas of buying in.
The foreign exchange market
One scheme he presented to me actually had the double attraction of being legal and proven. This was the foreign exchange market.
He explained how he subscribed to a forex signal service that notified him via sms text to his BlackBerry of good entry points for his currency trades. It was legitimate, but he was still selling insurance like me, so I doubt he was getting rich off it.
How do you get ahead, then?
In the end, I passed on all his offers. He never pressed too hard and, while he is not a millionaire, I know he is paying his bills. This is likely due to his success and hard work selling auto insurance for a well known carrier.
I am sure he still dabbles in all the schemes, but he is proof that my grandfather’s favorite adage holds true. Nothing in life is free. Only hard work leads to success.
Comments
Post a Comment